Day trading earnings gaps | Tradingsim Video Lessons

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Hi Guys, IT's Kunal from Tradingsim. Earnings season is Here! This is the historical period of time where momentum traders do very well as many story stocks tend to move very directionally. Day trading earnings gaps can seem scarey to many of you only actually, it give notice be very low risk of infection and rattling profitable. When I look back finished my trading logs, I tend to picture a trend which shows that much of my gain for the class bequeath come from earnings season. The rest of the prison term, I am either chopping up and down by in large. IT forces me to postulate myself why I don't righteous trade around earnings seasons and forget the rest of the chop.

Earnings seasons is filled with excitableness and that is how we profit. Excitableness is what creates trending moves that you stool trade off of. Volatility attracts momentum day traders who typically rich person same standardized styles of trading. It would make sense then why these stocks are easier to trade.

In today's example, were going to retrospect a day trade on GNC. This trade was actually one of the easiest trades I have seen in a while. It helped that information technology was extremely profitable as well! GNC gapped down concentrated in the morning and quickly lost almost 20% in the first 5 proceedings. The key to this trade was to understand the big levels of support and resistance. When we took out long term support, the stock was in play. Watch this picture and see how you could hold traded this stock.

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The video you see in a higher place was created using our own Tradingsim Grocery store Replay tool. Feel free to take our free 7 daytime trial and improve your day trading skills and money direction approach. We have over 2 eld Charles Frederick Worth of data you lavatory practice against. We are in essence a trading DVR!